The International Monetary Fund forecast that Zimbabwe's economy would grow 6% this year, almost double its initial projection, but said debt restructuring and other reforms were needed to create the conditions for a lasting recovery. The Fund said higher agriculture output and improved power generation and manufacturing activity meant its previous estimate of 3.1% had been superseded. "An economic recovery is underway in 2021," it said in a statement late on Wednesday after a two-week virtual meeting with local authorities.
from Engineering News | Home https://ift.tt/3gIRSBi
